Affiliates of Gencom, an international owner, developer and manager of hospitality and residential properties, has retaken majority ownership in the 291-key Ritz-Carlton Key Biscayne. The transaction was financed by Citigroup and affiliates of KSL Capital Partners, LLC for an undisclosed amount.
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The Piero Lissoni-designed Villa Collection at The Ritz-Carlton Residences, Miami Beach Now Over 70% Sold
The Piero Lissoni-designed Villa Collection at The Ritz-Carlton Residences, Miami Beach is now over 70% sold since sales launched on February 1, 2021. The sales represent 10 out of the 15 villas in the Collection with total sales volume over $68,390,000 for 10 the units under contract since sales launched February 1.
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The Piero Lissoni Villa Collection At The Ritz-Carlton Residences Breaks Ground And Launches Sales
The Piero Lissoni Villa Collection at The Ritz-Carlton Residences in Miami Beach has just broken ground and launched sales. The world-famous Italian architect has teamed up with 4701 North Meridian LLC who will develop the residences and GFI Development company will be the development manager. The Residences will be ultra-luxurious single-family waterfront homes with dockage.
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Ritz-Carlton Residences, Miami Beach Reveals Renderings of Doo Architecture-Designed Penthouses
Ritz-Carlton Residences, Miami Beach has revealed new renderings of their penthouse units, designed by interior architect Alexis Cogul Lleonart, founder of Doo Architecture. There are 5 penthouses are available at the project which range in price from $8.8 million to $40 million duplex combination unit.
Read MoreThe Ritz-Carlton Residences, Sunny Isles Beach Releases Exclusive Drone Footage Showcasing Sleek Arquitectonica Design
The Ritz-Carlton Residences, Sunny Isles Beach has released exclusive drone footage showcasing the progress of the tower's construction and highlighting its unique Arquitectonica-designed shape. The luxury condo-tower, which is under development by Fortune International Group and Chateau Group and was designed by Arquitectonica with interiors by Michele Bönan. The Ritz-Carlton Residences, Sunny Isles Beach will rise 52-stories and feature 212 residential condo units. Units start at $2.5 million and include Caesarstone Quartz countertops and Gaggenau appliances. Amenities include a beachfront restaurant, concierge, personal chef service, fuel-delivery service and a private club on the 33rd floor for residents. Completion is expected in 2018. Check-out the these renderings of the project and these sneak preview video tours.
New Renderings Released of The Ritz-Carlton Residences Sunny Isles Beach
DBOX has released new renderings of the under-construction luxury-condo project, The Ritz-Carlton Residences Sunny Isles Beach. The 52-story project under, development by Fortune International Group and Château Group, broke ground in the summer of 2016 and is currently 65% sold. The building was designed by Arquitectonica, with interiors by Michele Bönan. The Ritz-Carlton Residences Sunny Isles Beach features 212 condo-units starting at $2.5 million. Units include Caesarstone Quartz countertops and Gaggenau appliances. Amenities include a beachfront restaurant, concierge, personal chef service, fuel-delivery service and a private club on the 33rd floor for residents. The full-floor 52nd story sold for $16.5 million, which features 6,320 SF over 4 bedrooms, 4.5 bathrooms, 15-foot ceilings and 2,095 SF of outdoor space complete with summer kitchen, private garden, infinity pool and breathtaking views of the Atlantic Ocean and Intracoastal. Two units on the 51st floor sold for a combined $21 million to a single buyer, placing 3 of the 5 penthouses under-contract. Completion is expected in 2018.
Ritz-Carlton Residences Penthouse Listed for $40 Million
The eight-bedroom penthouse of the Ritz-Carlton Residences has been listed at $40 million by Lionheart Capital as the building cruises towards a Q2 2017 completion. The units features over 12,300 SF of livable space along with two pools and two hot-tubs and 13,000 SF of outdoor space. The unit also features a wine tasting room and two summer kitchens. The unit can also be split into two with Penthouse 11 listed for $17 million and Penthouse 12 listed for $20 million. The raw space can also be purchased for $37 million.
Ritz-Carlton Residences Miami Beach Construction Update
The Ritz-Carlton Residences Miami Beach released some updates as they have completed the lobby and library. The stunning LEED Certified, 111 unit waterfront building located at 4701 North Meridian Avenue is under development by Lionheart Capital and designed by Lissoni Associati. The building is currently around 65% sold and plans are to to deliver in the Q1 2017. The lobby design pays tribute to the Seminole Tribe of Florida. Units range from 1, 2, 3, 4 and 5 bedroom layouts with 15 private single-family villas. Sizes range from 1,700 SF to more than 10,000 SF and $2.8 million to over $40 million. The Ritz-Carlton Residences Miami Beach will be one of the finest and most private residential buildings in Miami Beach.